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Q. Radhuni, a traditional bangla restaurant, incurs the following costs:
a. Cost of special Canola oil for developing new dishes on Pohela Boishakh festivals
b. Commissions paid to Food Panda for serving online customer orders
c. Cost of the new clothes for the staffs on the event of Pohela Boishakh television commercials
d. Cost of children’s toys given away free with kids’ meals
e. Cost of the posters indicating the special “two dishes for $2.50”
f. Costs of frozen onion rings and Fishes
g. Salaries of the food specialists who create new Biriyani for the restaurant chain
h. Cost of “to-go” bags requested by customers who could not finish their meals in the
restaurant
Required: Just Classify each of the cost items (a–h) as one of the business functions of the value chain
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- Q. Radhuni, a traditional bangla restaurant, incurs the following costs: a. Salaries of the food specialists who create new Biriyani for the restaurant chainb. Cost of “to-go” bags requested by customers who could not finish their meals in therestaurantRequired: Just Classify each of the cost items (a,b) as one of the business functions of the value chainThe Big Event (TBE) recently started a business organizing food and music at weddings and other large events. In order to better understand the profitability of the business, the owner has asked you for an analysis of costs—what costs are fixed, what costs are variable, Music costs : $10,000 per event Catering costs: Food : $65 per guest Setup/cleanup : $15 per guest Fixed fee : $4,000 per event TBE has allowed the caterer, who is also new in business, to place business cards on each table as a form of advertising. This has proved quite effective, and the caterer gives TBE a discount of $5 per guest in exchange for allowing the caterer to advertise. Required Suppose 150 persons attend the next event. What is TBE’s total net cost and the cost per attendee? Suppose instead that 200 persons attend. What is TBE’s total net cost and the cost per attendee. 3. How should TBE charge customers for its services? Explain briefly.A bakery shop sells a cake. The case must be baked at the beginning of the day. Each unit of cake costs $28 and can be sold for $59. The shop will donate any unsold units for charity. The owner of the shop too many shortages is not desirable. She assumes that there is a penalty cost of $11 for each unit of shortage. Suppose the shop bakes 71 units of cakes at the beginning of the day (before the shop is open). The demand for the cakes turns out to be 62 units. What is the profit for the day? Please show calculation in details
- Pulkit animal care society operates as a NPO providing veterinary services. AS a Non-profit it refers excess of revenue over cost as surplus and cost of excess of cost over revenue as a deficit. Pulkit animal care society charges Rs 250 per service. The variable cost of a service on an average is Rs 50.Fixed costs are Rs 1.2 lakh annually.a. What is the break-even point for Pulkit Animal Care society?b. Pulkit Animal care Society expects 1000 animal visits this year. Will it operate at a surplus or deficit?A downtown bar hosts a live music event in order to increase sales When analysing the sales and costs associated with the event the owner creates the following table Contractor costs Regular costs Sales $200 Cost to create each drink Hire pop band Hire rock band $200 Cleaning costs $323 $2.74 Selling price for each drink Selling price for each ticket Number of drinks sold Number of tickets sold Employee wages $560.50 You may ignore all costs not mentioned above (for instance the cost of creating a ticket). All your answers should be rounded to the nearest cent a) What is the contribution margin for a drink sale? Contribution margin for a drink sale: 0.00 b) What is the contribution margin for a ticket sale? Contribution margin for a ticket sale: 0.00 c) What is the total of the fixed costs? Total fixed costs: 0.00 A d) What is the total contribution margin for drinks sales? Total contribution margin for drinks sales: 0.00 e) What is the total contribution margin for ticket sales? Total…Seda Sarkisian makes wedding cakes from her home. A customer has requested two duplicate wedding cakes: one for the wedding and one to be frozen for their anniversary. The couple has offered $400 for both cakes instead of $500 ($250 each). The cost information to make one cake is shown. A. What is the cost for the first cake? B. What cost would not be included in the second cake? C. What is the cost of the second cake? D. What would be the total cost of this order if the offer was accepted? E. How much profit will Seda be recording for this special order? F. If your company policy is to always have a 15% profit on all order, would you still accept this order? G. If you would not accept the order, what price would you negotiate?
- Milano Pizza is a small neighborhood pizzeria that has a small area for in-store dining as well as offering take-out and free home delivery services. The pizzeria's owner has determined that the shop has two major cost drivers the number of pizzas sold and the number of deliveries made. The pizzeria's cost formulas appear below: Pizza ingredients Fixed Cost Cost per per Month Pizza $ 4.50 $ 5,930 Cost per Delivery Kitchen staff Utilities Delivery person Delivery vehicle Equipment depreciation Rent Miscellaneous $ 620 $640 $ 408 $1,890 $740 $0.40 $ 3.20 $ 0.20 $ 1.60 In November, the pizzeria budgeted for 1,590 pizzas at an average selling price of $16 per pizza and for 230 deliveries. Data concerning the pizzeria's actual results in November appear below. Actual Results Pizzas Deliveries Revenue 1,690 210 Kitchen staff Delivery person $27,600 Pizza ingredients $ 7,390 $ 5,870 Utilities. $ 890 $ 672 $ 988 $ 408 $ 1,890 $ 796 Delivery vehicle Equipment depreciation Rent Miscellaneous…Milano Pizza is a small neighborhood pizzeria that has a small area for in-store dining as well as offeringtake-out and free home delivery services. The pizzeria’s owner has determined that the shop has two majorcost drivers—the number of pizzas sold and the number of deliveries made. Data concerning the pizzeria’scosts appear below:Fixed Cost Cost per Cost perper Month Pizza DeliveryPizza ingredients ............... $3.80Kitchen staff ....................... $5,220Utilities ............................... $630 $0.05Delivery person .................. $3.50Delivery vehicle ................. $540 $1.50Equipment depreciation ..... $275Rent ................................... $1,830Miscellaneous .................... $820 $0.15In November, the pizzeria budgeted for 1,200 pizzas at an average selling price of $13.50 per pizzaand for 180 deliveries.Data concerning the pizzeria’s operations in November appear below:Actual ResultsPizzas ................................... 1,240Deliveries…Bradley Nowell works as a purchaser at Louie Dog Industries. He is in charge of purchasing dog beds from manufacturers. Bradley's mother, seeing an opportunity, starts a dog bed manufacturing company and quickly receives almost all of Louie Dog's orders. In order to fill the orders, Bradley's mother buys low-quality beds from another dog bed supplier and sells those to Louie Dog for a substantial markup. In fact, the price charged to Louie Dog is twice what other manufactures would charge the company. What type of scheme is this? Pay-and-return Non-accomplice vendor Pass-through Inventory-markup
- Banana que seller purchased bananas and ingredients with a total cost of ₱30,000. In addition, she paid ₱500 for the ordering and delivery of her purchases. She works alone and there are many orders so she called an assistant to help her in cooking and paid a total wage amounting to ₱4,000. Because she is too busy in cooking in-spite of having an assistant cook, she called additional assistant to list down orders, monitor their sales, check customer orders, and to check if their raw materials are still adequate or not who also received a total wage amounting to ₱3,500. At the beginning of the month, ingredients have total cost of ₱2,000 while at the end of the month is ₱1,500. The owner called you in order to determine the business’ prime cost and conversion cost. For number 6, the prime cost would be? a. ₱7,500 b. ₱35,000 c. ₱38,500 d. ₱41,500 The conversion cost would be? a. ₱7,500 b. ₱35,000 c. ₱38,500 d. ₱41,500Masalam, a perfectly competitive eatery, sells its ʺBreakfast Specialʺ (the only item on the menu) for ₹40.00. The costs of waiters, cooks, power, food etc. average out to ₹30.95 per meal; the costs of the lease, insurance and other such expenses average out to ₹10.25 per meal. Masalam shouldAnnie B's Homemade Ice Cream is an ice cream shop in Asheville, NC. Its owners would like your assistance in classifying some of its costs as direct or indirect depending on the specified cost object. Required: 1. Which of the following costs could be directly traced to specific flavors of ice cream? 2. Which of the following costs could be directly traced to specific mobile sales events, such as selling pre-packaged servings of ice cream at the Cold Mountain Music Festival? 3. Which of the following costs could be directly traced to "mobile sales" as opposed to "in-store sales? Complete this question by entering your answers in the tabs below. Requirement 1 Requirement 2 Requirement 3 Which of the following costs could be directly traced to specific flavors of ice cream? 1. Walk-in freezer depreciation 2 Wages paid to employees scooping ice cream in the store 3. Cost of ingredients used to make ice cream 4. Cost of electricity used to run the batch freezer that makes ice cream 5.…